In July 2018, there were 11 homes sold, with a median sale price of $385,000 - a 29.7% decrease over the $547,500 median sale price for the same period of the previous year. There were 10 homes sold in Moreland Hills in July 2017.
The median sales tax in Moreland Hills for the most recent year with available data, 2016, was $10,941, approximately 2.8% of the median home sale price for July 2018.
The following table compares Moreland Hills to other Cuyahoga County cities with similar median sales prices in July 2018:
City | July 2018 Home Sales | July 2017 Home Sales | % change (Total Home Sales) | July 2018 Median Sales Price | July 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Hunting Valley | 2 | 0 | - | $1,360,000 | $0 | - |
Pepper Pike | 10 | 13 | -23.1% | $498,000 | $529,000 | -5.9% |
Moreland Hills | 11 | 10 | 10% | $385,000 | $547,500 | -29.7% |
Gates Mills | 3 | 3 | 0% | $382,500 | $754,000 | -49.3% |
Beachwood | 18 | 19 | -5.3% | $288,500 | $210,000 | 37.4% |
Solon | 41 | 46 | -10.9% | $287,000 | $358,050 | -19.8% |
Glenwillow | 2 | 1 | 100% | $282,500 | $136,000 | 107.7% |
Broadview Heights | 33 | 32 | 3.1% | $280,000 | $213,500 | 31.1% |
Bay Village | 34 | 29 | 17.2% | $277,500 | $219,000 | 26.7% |
Westlake | 45 | 57 | -21.1% | $265,550 | $187,000 | 42% |
Mayfield | 5 | 10 | -50% | $262,000 | $213,000 | 23% |